AHIP Exam AHM-520 Topic 5 Question 96 Discussion

Actual exam question for AHIP's AHM-520 exam

Question #: 96
Topic #: 5

The following information was presented on one of the financial statements prepared by the Rouge Health Plan as of December 31, 1998:

Rouge's current ratio at the end of 1998 was approximately equal to:

A0.84

B1.06

C1.19

D1.31

Show Suggested Answer

Suggested Answer: C

by Willodean at Sep 09, 2024, 04:22 AM

Limited Time Offer

25%

Off

Get Premium AHM-520 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Tiffiny

3 months ago

Hmm, maybe I made a mistake in my calculation.

upvoted 0 times

...

Donette

3 months ago

This is a piece of cake. The current ratio of 0.84 is clearly the correct answer. It's the only one that's less than 1, which is the sign of a healthy financial situation. Easy peasy!

upvoted 0 times

King

1 months ago

I think the correct answer is 1.31.

upvoted 0 times

...

Elbert

1 months ago

I believe it's 1.19.

upvoted 0 times

...

Rene

1 months ago

I'm not sure, but I think it might be 1.06.

upvoted 0 times

...

Antonio

2 months ago

I think the current ratio is 0.84.

upvoted 0 times

...

Izetta

3 months ago

I calculated it to be 0.84.

upvoted 0 times

...

Bette

3 months ago

But the answer options don't include 1.19.

upvoted 0 times

...

Tiffiny

3 months ago

I believe it was 1.19.

upvoted 0 times

...

Carla

3 months ago

Wait, is this a health insurance plan or a gym membership? Either way, I'm going with the 'Rouge' answer - it's the most colorful one!

upvoted 0 times

...

Marget

4 months ago

Hold on, am I the only one who sees a trick question here? I'm going with option D - 1.31. It's the highest current ratio, so it must be the correct answer!

upvoted 0 times